The paper strives towards editorial excellence and focuses mainly on local events. Glencore’s stake in Mopani is worth $514.6 million, according to its own valuation. Zambia Sees Deal With Glencore Over Mopani Within a Month November 17, 2020 14:02 December 9, 2020. MOPANI Copper Mines is to restart mining, and provide a 90-day notice period of its intention to place the operations on care and maintenance, the company said in a statement today. Mopani Rest Camp is the â youngestâ camp in the Kruger. Download the latest Daily for news from the last 24 hours plus all Fastmarkets MB prices, and the magazine for feature articles, market analysis and high-profile interviews. During this notice period, it would discuss “potential solutions to its current challenges” following “constructive discussions” with the Zambian government, the company said. GOVERNMENT should provide the required relief to Mopani Copper Mines (MCM) and other mining companies to save jobs during the COVID-19 period, the unions have demanded. Find all your bookmarked prices here. You can opt out of these emails at any time. Our dispensaries provide a comprehensive service with … COPYING AND DISTRIBUTING ARE PROHIBITED WITHOUT THE PERMISSION OF THE PUBLISHER, All Steel First prices, news and market analysis can be found here on www.metalbulletin.com. Headlines Chief Editor-January 2, 2021 33. In the meantime, we can prepare a quote for you and show you around. Mopani Copper Mines Plc is a Zambian registered copper mine owned by ZCCM-IH (10%), Glencore Plc (73.1%) and First Quantum Minerals Ltd (16.9%). Some of the thousands of Mopani Copper Mines workers sent on leave last week as operations were suspended ... Mopani Workers Want New Owners. A company statement, dated Monday April 20, said that the mining operations could restart if an agreement were reached between government officials and Glencore, but did not give details of the necessary conditions. GLENCORE was in discussions with the Zambian government regarding plans to place the firm’s Mopani Copper Mines on care and maintenance. Mopani Copper Mines Plc is a Zambian registered copper mine owned by ZCCM-IH (10%), Glencore Plc (73.1%) and First Quantum Minerals Ltd (16.9%). {{article|fields:'dates'|date:dateArticleFormat}}, ALL MATERIAL SUBJECT TO STRICTLY ENFORCED COPYRIGHT LAWS.© EUROMONEY GLOBAL LIMITED. In a twist of events, all International Contractors at Mopani Copper Mines have been given one month notice to demobilize and leave the mine plants. Mopani’s 2019 financial statement shows operating expenses of $931 million. Dec 29, 2020 @ 10:10 ... Glencore’s Mopani Copper Mine in Zambia could continue to operate under certain conditions after the company’s decision to shut the mine led to strong opposition from the the country’s government. Mopani says it will go ahead and place its Nkaka and Mufulira mines on care and maintenance with effect from today. Use ; to separate email addresses. Mine-Workers Union of Zambia -MUZ- president Joseph Chewe, has prevailed that his union has information that Glencore management called President Edgar Lungu, last two days ago to make their new position known and to indicate that the firm has chosen dialogue over the antagonistic approach taken earlier to go ahead and place Mopani Copper Mines under care and maintenance despite … Thematic Reports Contractors have been ill-treated, they seem not to be interested in mining anymore and government must not treat this with kids’ gloves,” he said. Details of pricing methodology changes or price corrections. Mopani Copper Mines has recorded a cumulative number of 18 COVID-19 cases and one suspected death. ... Latest News. 20 talking about this. Copyright ©Euromoney Global Limited. Zambia’s total foreign exchange reserves stood at $1.43 billion at the end of June, equivalent to just 2.3 months of import cover, according to the central bank. Zambia expects to conclude talks over buying Glencore Plc’s stake in Mopani Copper Mines Plc within a month, ... new battery packs for cities and towns, ... 31 December 2020 / Bloomberg News . Reporting by Chris Mfula; Writing by Helen Reid; Editing by Olivia Kumwenda-Mtambo and David Clarke Redpath, Zinpro, Group R, Group 5, Murray and Roberts are some of the South African owned companies that were undertaking capital projects. LIVE FUTURES REPORT 29/12: Al, Ni down by over 1%; LME complex mixed. This would go some way to recoup impairments of $1.14 billion at Mopani which contributed to Glencore posting a first-half loss. The History of Mopani Rest Camp . Glencore Plc, a British–Swiss multinational commodity trading and mining company, is massively restructuring its Zambian subsidiary, Mopani Copper Mines Plc, with the termination of acting chief executive officer John Chiwele’s employment contract. Domestic workers now qualify for compensation fund; Notice of application for amendment of land use scheme by rezoning; The Dance Place dancers shine in two major competitions; VIDEO: Realistic Health And Fitness Resolutions; Mopani netball team best in South Africa; Potter teaches his unique style to Hoedies Mopani Regional Newspaper that focuses on local content and surrounding areas. Get Fastmarkets MB's pricing data delivered directly to your spread sheet or integrated within your internal ERP/workflow. It is hard to believe that Muyi Enterprise started as a small fruit and vegetables stall. Mopani News is a privately owned local community newspaper and services the areas of Mopani District Municipality. Mopani District Municiaplity Joins The world in Celebrating the Mandela International Day The Executive Mayor CLLR Nkadimeng Rakgole Takes The Mandela Month Celebrations to Baloon Village The Mopani District Municipality has for long been in the spotlight with regard to water supply challenges. Mopani, owned 73.1% by Glencore, is an integrated copper producer located near the city of Kitwe, in the Copperbelt. /images/sites/846/navigation-images/prices/nav-apex.png was removed, /images/sites/846/navigation-images/prices/nav-price-feeds.png was removed, Please enter at least one recipients email address, Please enter at least one recipients name, {{article|snippet:'title'|removeHtmlTags}}, IN CASE YOU MISSED IT: 5 key stories from January 5, IN CASE YOU MISSED IT: 5 key stories from January 4, IN CASE YOU MISSED IT: 5 key stories from December 31, IN CASE YOU MISSED IT: 5 key stories from December 30, Modern Slavery Act Transparency Statement. Shop in-store, online or Click & Collect at any of our leading health, beauty & wellness stores. BN Press, publishers of The Village Voice, that covers Vhembe and Mopani districts in Limpopo appreciates a grant from Google News Initiative’s Journalism Emergency Relief Fund (JERF). A complete list of all Fastmarkets MB's metal, steel and scrap prices, contained within our pricing analysis tool, Price Book. “Nothing has been happening at Mopani since the new management came in. Fastmarkets MB is part of Euromoney Institutional Investor PLC group. By signing up to this free newsletter you agree to receive occasional emails from us informing you about our products and services. Latest news. ZCCM-IH currently has 10% of Mopani, with Glencore holding 73.1% and Vancouver-based First Quantum Minerals Ltd. Mopani Copper Mines, which produced 119,000 tonnes of copper in 2018, is 73.1% owned by Glencore, 16.9% by First Quantum Minerals and 10% by Zambia’s mining investment arm ZCCM-IH. THE Mine Workers’ Union of Zambia (MUZ) says government’s intention to buy 90 per cent shares in Mopani Copper Mines from Glencore will redeem the mine’s operations. August 4, 2014 News, Recent News Comments Off on MOPANI PROMOTES SAFE MINING Safety is of key importance to Mopani. ... Latest News. Find all your saved comparisons here. Latest News. MB Apex contains leader boards of analysts based upon the accuracy of their most recent price predictions. Glencore’s Mopani Copper Mine in Zambia could continue to operate under certain conditions after the company’s decision to shut the mine led to strong opposition from the the country’s government. The Nkowankowa Township business, LIMPOPO born and bred Phumudzo Manedzhe who is an ambassador for #NoExcuse is concern about the number of Gender Based, A Well-known Giyani Writer and Journalist , Mantombi Makhubele , has written a book that is called ‘Let’s have some, Mathambo Mhlari, The Man Behind Muyi Enterprise, Phumudzo Manendzhe on a mission to fight Gender Based Violence, Greater Letaba Mayor, Peter Matlou, Monitors The Readiness Of Schools, DEPUTY MINISTER MAGADZI INSPECTS LIMPOPO SCHOLAR TRANSPORT AMID SCHOOLS RE-OPENING, Limpopo Provincial Council Led by Premier Stan Chupu Mathabatha visited Phalaborwa for monitoring adherence and compliance to COVID-19 regulations, Various Limpopo departments had to table their budgets virtually because of COVID-19, Maruleng Municipality Mayor Dipuo Thobejane Monitors COVID-19 Compliance At The Local Schools, Ba-Phalaborwa Local Municipality Mayor, Merriam Malatji Monitors The Re-opening Of Schools, Collins Chabane Cultural Heritage Festival and Soccer Tournament postponed due to COVID-19, Two SA sportsmen test positive for Covid-19. Compare up to five different prices over a selected period of time in Price Book. Currently the paper is produced in-house. Our new delivery solution allows you to access the prices and news that matters most to you in a way that delivers value, quality and a unique, fully customizable view for you. “Following Mopani’s recent announcement regarding the transition of its mining operations to care and maintenance, Glencore is currently in discussions on the way forward with the Government of Zambia,” it said. Hard copies are published weekly, call us on 063 193 5288, To bookmark a price click on the ‘Add to my saved prices’ icon in Price Book. And the unions have further demanded that Mopani must quickly recall all workers and contractors that were sent home when the mine was placed on care-and-maintenance a week ago. The Fastmarkets MB archives cover historical news and pricing data going back to 1997. Glencore has assigned a value of $704 million to the operations. Mopani is an independent pharmacy, beauty & health retailer with in-store family and baby clinics & 4 stores in the Lowveld. Deposit Type Stratabound (SMS) We are developing an experience that allows you to test drive building your view of our data and news on the new platform. 16.9%.) Glencore engaged Grit Consulting of Australia, a change management consulting firm, to undertake a thorough Mopani mine-wide audit and … Click to find … A report by news agency Reuters on April 19 quoted... You can enter a maximum of 5 recipients. Others are Redrilza, Opermin, Tauro Mining, Reliant […] Since inception in 2000, Mopani has implemented a number of safety initiatives that have contributed to the reduction in lost Time Injury Frequency from 9.3 in … Mopani Heralds coverage goes as far as community affairs, school and sport news, church and organisational news, events and lifestyle news, political news as well as municipal news. With 4,000 copies reaching the market, Mopani Herald is also the perfect platform for the exposure of products, specials and services through advertising. Mopani News primary objective is to provide an efficient and cost effective marketing platform to businesses. Nevada Copper installs materials handling system at Pumpkin Hollow project in US ... Mopani had cited the reason for the closure due to a quick fall in the copper price, and disruptions to transportation and supply chains as a result of Covid-19. All rights reserved. The buildingwas completed in 1992 and one of the biggest features of the camp is the trees. Breaking News. Track, chart, compare and export 950+ global metal, steel and scrap prices with Fastmarkets MB's pricing analysis tool. Mopani Rest Camp is situated about 74km away from the Phalaborwa Gate and it can take up to 3 hours to drive from the gate to the camp. Mopani Copper Mines has not been consistent on this issue since the new management came in.” Kambwili asked the government to be aggressive on the matter. https://www.zambiawatchdog.com/mopani-mine-boss-detained-at-airport Read all the latest news, breaking stories, top headlines, opinion, pictures and videos about Mopani from Nigeria and the world on today.ng Mopani Copper Mines has informed all its contractors and suppliers that the mine will only offer a one month contract to each, pending the outcome of the appeal processes against government’s latest rejection of the firm’s proposal to place its mining operations on care and maintenance. Focuses on local content and surrounding areas get Fastmarkets MB is part of EUROMONEY Investor! Your spread sheet or integrated within your internal ERP/workflow compare up to this newsletter! Get Fastmarkets MB is part of EUROMONEY Institutional Investor PLC group at any our! 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